About your Search

20121114
20121114
Search Results 0 to 5 of about 6 (some duplicates have been removed)
over the fiscal cliff affect your money? that's what we're talking about next. steve liesman does some cliff diving and breaks down the numbers on what it means to you and mean. >>> then, two professional negotiators have been listening to what the president is saying that he wants and what speaker john boehner said he wants to avoid. do they think we'll have a deal or no deal? you're going to want to hear what both of them have to say. they're coming up next. you're watching the "closing bell." stick around. >>> welcome back. well, the countdown is on. lawmakers in washington have just 47 days to reach a deal on the fiscal cliff or risk massive tax increases and massive spending cuts. senior economist reporter steve liesman is breaking down how going off the cliff will impact you. >> if it's not clear to people how the fiscal cliff will affect their wallets, i think this report will make it clear how it's going to mean real money out of your wallets. according to the tax policy center, this is the fiscal cliff and your taxes. if you're in the lowest, second, fourth, or middle quin til
." during the gop primaries, steve colbert started his own super pac. it was a spoof, of course. with karl rove facing backlash from his donors, who expected a vastly different return on their investment in mitt romney and other republicans, colbert offered up a response to his own donors. >> karl is in big trouble. they're going to take his thumbs. and karl is almost all thumb. i took a lot of money for my super pac and my 501c-4 colbert super pac s-h-h, which stands for shh. okay? money from some anonymous scary donors. that's not pixilated. that's his face. listen, fellows, i didn't waste your money. running a super pac is expensive. i mean, we had legitimate costs. we had handling costs, and we had legal fees, and the biggest expense, almost $90,000 of it was for the commercials the super pac ran while i was kind of sort of running for president of south carolina. i wasn't even in charge of the super pac then. >> in his home state of south carolina, of course, colbert was at one point polling ahead of a legitimate candidate, jon huntsman. >>> next, people in the other -- over 30 states
, steve? >> is this japan? >> they shouldn't be increasing the quota? >> why? >> because they have no idea about the stocks. they try to pretend there's one stock in the mediterranean, one stock in the atlantic, they have no idea. it's bad data leading to bad decision. >> if earn to take this conversation, you know what it would lead to? the tragedy of the commons. >> good point. >> when there's ownership of something, you conserve. when anybody -- everybody going after the same thing, they figure if i don't do it, somebody else is going to do it. if you own timber, every time you take down a tree, you plant two more. >> much better about protecting the resource and the europeans contend they have their own stock. but we've shown through the tagging data that these fish go across the mediterranean to the atlantic, up and down the coast, it's an extraordinary fish, a good one to preserve. >> okay. >> okay. >> let's go back to steve since you're there. you've got an interesting report, and i promise you i'll be listening very carefully about the fiscal cliff and who is going to be impacted.
? the answer is different groups will be affected very differently. steve liesman has more on the numbers. >> what we do know is if we go over the cliff, no change in what is mandated by those rules. everybody will pay more. we've divided up the country into quintiles, one-fifth, one-fifth, one-fifth. here's what happens with the cliff. for the lowest they go up by 3.7%, second 4.1%. if you're in the middle, where most people are, up 3.8% all the way to the top, 5.8%. what about the top 1%? their numbers go up by 7.2%. here's a way to think about it. this is what thelma and louise would pay extra if they went over the cliff. here's what mr. thurston howell would pay if they went over the cliff. let's take a look at the actual dollar values beyond percentage points. we know we have health care law taking effect and that will only affect the top fifth. here's your dollar values for the income bracket ets is. add on the amt, when they expire, get rid of the bush tax cuts. for the wealthy, a big chunk. it goes down to the second quintile. we get rid of some payroll tax cuts. down the line f y
in with your questions with steve latourette, a member of the appropriations committee. and jason beck who governs the house roll call. "washington journal" is live on c-span everyday at 7:00 a.m. eastern. >> you're watching c-span2 for politics and public affairs weekdays featuring live coverage of the u.s. senate. watch key public policy events on weeknights and every weekend, the latest nonfiction authors and books on booktv. you can see past programs and get our schedules at our websites. you can join in the conversation on social media sites. >> more on how members of congress approach the fiscal cliff and expiring tax breaks and automatic spending cuts. "the wall street journal"'s eeo counsel annual meeting hosted senator joseph lieberman and former senators trent lott and james fassett. this little as an hour. >> they have the most expensive election in american history. both candidates have plenty of time to make their policy preference is well-known. then the president at the white house, the republicans have a house, no one really controlled the senate. so here we are. the questi
Search Results 0 to 5 of about 6 (some duplicates have been removed)